No more PCGS vs NGC posts!

wallstreetman · August 12, 2002 4:04AM

Its getting old! Im tired of getting dragged into these because someone puts NGC on equal footing with PCGS, I dont want newbies to be filled with B.S.

airplanenut · August 12, 2002 4:09AM

This is why NGC is better, I bet on their forums we can still have this stupid debate!

Russ · August 12, 2002 4:12AM

<< <i>Its getting old! >>

And, out of the mouths of one trick pony's....

Russ, NCNE

wallstreetman · August 12, 2002 4:13AM

Okay, everyone gets one last post and we call it quites for at least 30 days! Make it a good one! Remember, you cant respond for 30 days, you have to hold it in!

gmarguli · August 12, 2002 4:20AM

I dont want newbies to be filled with B.S.

Then stop speaking to them.

jtryka · August 12, 2002 4:22AM

looks like someone had an extra glass of the PCGS Kool-aid this morning!

I guess it probably is a good idea to suspend the First Amendment for at least 30 days, to accomodate the folks that would rather be indoctrinated than educated.

PS-And what BS shall we protect them from? Like the fact that Wallstreetman's classic double eagles are 96% gold while the rest of ours are only 90% gold?

PPS- Buy the coin, not the plastic!!!

g097103 · August 12, 2002 4:28AM

If it bothers you so much don't read the thread, simple as that. Personally I'll take NGC over PCGS any day, but that has more to do with the moral actions of the company than its grading(i.e. death coins).

Scott M

wallstreetman · August 12, 2002 4:30AM

wallstreetman · August 12, 2002 4:33AM

jtryka, Go ahead, I can take it! No ones perfect, not even PCGS!

baccaruda · August 12, 2002 4:38AM

spoken like a man with an entire inventory of PCGS coins!

stman · August 12, 2002 4:38AM

Trolling again?

EVillageProwler · August 12, 2002 4:39AM

Mr. David Gregory of Chino, CA:

What has gotten into you that you have this extreme sensitivity and this propensity for censorship? If you find a topic so offensive, then just ignore it. If you wish to join in on the discussion, then you should consider arguing the merits of the discussion. In other words, please stop being childish and no more ranting and stomping of feet.

In another recent thread, it seemed like you had a problem with my post. If my assessment is correct, please point out EXACTLY which point I made with which you disagreed.

BTW, do you know what's so good about an ostrich that has buried its head underground? The rest of us can't hear its babbling!

Finally, can I safely assume that you're not a litigator, or even a lawyer?

EVP

EVillageProwler · August 12, 2002 4:40AM

Trolling again?

What's this?

wallstreetman · August 12, 2002 4:41AM

No, I did find one NGC 1899 Morgan that wasnt overgraded! Im going to try an cross it at LongBeach.

jtryka · August 12, 2002 4:43AM

Sorry, I normally don't pursue an ad hominem strategy in my arguments, but at times it's the only effective weapon on people that have trouble with logic.

stman · August 12, 2002 4:45AM

EVP, My definition of someone starting a thread looking to stir up an argument.

CharlieB · August 12, 2002 4:45AM

Ok everybody take a time out.

In 5-10 minutes I'll be posting a fun thread that
might just bring you all back together.

Or it might do the reverse.

- Charlie B -

wallstreetman · August 12, 2002 4:47AM

Im glad your not placing me in the company of lawyers, my wife works for one, I can tell you some stories!

BAJJERFAN · August 12, 2002 5:26AM

A lawyer? Isn't that someone who charges you money for causing you trouble?

braddick · August 12, 2002 5:41AM

<< <i>A lawyer? Isn't that someone who charges you money for causing you trouble? >>

Sounds more like the Grading Services.

keets · August 12, 2002 5:48AM

what's the difference between a dead lawyer in the middle of the road and a dead chicken in the middle of the road??

answer---there are skid marks in front of the chicken.

al h.

BillJones · August 12, 2002 5:58AM

So now everyone is supposed leave PCGS alone because the W-man, the PCGS weenie who worships the space upon which PCGS coins reside, has ordered us to be quiet. What a crock! What an insult to the opinions of others! “PCGS is superior, and I’ve laid down the law because I am all knowing and always right” Grow up!!!!!

If you don’t like the topic, don’t respond! Otherwise you have no right to censor others.

jtryka · August 12, 2002 6:07AM

Amen to that Brother!

EVillageProwler · August 12, 2002 6:16AM

WallStreetMan,

Please don't take *too* much offense, but you're not the sharpest needle on the cushion are you? Where did you get your numismatic knowledge anyway? From the inside of Cracker Jack box, along with your authentic Green Lantern ring?

EVP

wallstreetman · August 12, 2002 6:35AM

Sharp enough to stick it to you!

Clankeye · August 12, 2002 6:41AM

I am going to subscribe to this thread. Between this and the Anna Nicole Smith show on E! I figure all my entertainment needs should be about met.

jtryka · August 12, 2002 6:41AM

WSM, do you actually work on Wall Street?

EVillageProwler · August 12, 2002 6:42AM

WSM,

The clever prose of your response is Hemingway-esque. Might I suggest that you pursue that avocation instead of coins? I wish you nothing but long life and happiness.

EVP

EVillageProwler · August 12, 2002 6:46AM

Jeff,

You're kidding, right? WSM lives in Chino, CA, and probably knows as much about Convertible Bonds and Forex as he does about numismatics. The only thing asset-backed about him is probably his mule-like stubborness.

EVP

Dog97 · August 12, 2002 6:49AM

Did we ever find out who was the best, PCGS or NGC?
Who's Moderns sell for more?
Who is the easier service for Toners?
Is ACG as good as ANACS?
Is ACG a reputable company? I see them on sleazeBay all the time.

jtryka · August 12, 2002 6:50AM

EVP,

I had to ask! I don't really know much about WSM. After all, given the experience of Wall Street in the coin market in 1989, it would make some sense. Fortunately, I was into coins before I started working on Wall Street, so it didn't affect me as much!

crito · August 12, 2002 6:57AM

yawn... collectors vote every day on eBay. PCGS slabs consistently fetch higher prices. Then again, maybe EVP is just smarter than everyone else

LOL

EVillageProwler · August 12, 2002 7:03AM

Jeff,

Please accept my deepest of apologies. I missed the full breadth of your insightful probe into WSM's background. A few years ago, Wall Street got crazy with the various DotCom's. The I-bankers puffed up all these companies, even though the huge majority of them had no real business plan and no actual asset. The traders and sales folks followed suit in the puffery, and folks like Abby Joseph Cohen pronounced a very BULL market (even though her boss, Steven Einhorn, urged caution).

Basically, these Wall Street types quickly became very indoctrinaire.

So, maybe this Gregory person really was a Wall Street guy.

EVP

PS Abby Cohen was the last of the prominent market prognosticators to cease with the BULL market pronouncements.

wallstreetman · August 12, 2002 7:08AM

No, but I do pretty well trading! I have a Central Vacuum business, but most my coin money comes from trading. Ive done exceptionally well lately, the swings have been crazy. I got a 125% on ADP AUG 35 CALLS while on a Carnival cruise a couple of weeks ago, bought at a 1.00 and sold for 2.25, had a order to sell at 3.00 and changed it. Two days later the market POPPED over 400 pts and they hit 3.25, oh well, I learned not to get greedy!

clw54 · August 12, 2002 7:08AM

What else can't we talk about here?

EVillageProwler · August 12, 2002 7:09AM

Crito,

I never said that NGC is better than PCGS, or even equal to PCGS. I'd never say that because it is too general of a statement to make, and I think both services have good and bad aspects.

Personally, I like NGC more right now because of their customer service. The way they do business is more in line with my expectations. As for their grading, I could care less. I don't care about the registry, and I don't care (much) about the holder. I only assess a coin based on its merits, and I basically use the services because their guarantees are a nice hedge against my own failings.

EVP

Dog97 · August 12, 2002 7:10AM

<< <i>I have a Central Vacuum business, >>

That really sucks huh?

EVillageProwler · August 12, 2002 7:11AM

Dog,

Nice of you to inject some levity! Very funny!

EVP

LucyBop · August 12, 2002 7:15AM

This is my first post in this great forum and what a debate, well, Lucy can settle this real easy! I've got 'something' that PCGS & NGC can both grade! And trust me, it'll demand a high premium regardless of the slab Daddy-o!

LucyBop the Hepkitty is here.

wallstreetman · August 12, 2002 7:15AM

Business is picking up!

Dog97 · August 12, 2002 7:20AM

It's a dirty business but somebody has to do it.

Clankeye · August 12, 2002 7:21AM

<< <i>Dog,

Nice of you to inject some levity! Very funny!

EVP >>

Inject some levity? Like there hasn't been any all ready?

wallstreetman · August 12, 2002 7:21AM

Are you refering to me or Lucy Bop?

Nic · August 12, 2002 7:23AM

Recent ANA auction results. Capped bust type coins, same date, grade, variety.etc. The 65 PCGS coin had one floor bidder and sold at graysheet...12K. The 65 NGC coin had four floor bidders, three to the end, and sold for 26.5K. Buy the coin. K

wallstreetman · August 12, 2002 7:27AM

Nic, Toning comes to mind, am I right?

EVillageProwler · August 12, 2002 7:50AM

yawn... collectors vote every day on eBay. PCGS slabs consistently fetch higher prices.

Crito,

I think this Ebay example is not persuasive. Ebay is a sight-unseen market, which means that buying in that medium is largely buying the holder instead of the coin. That's a notion I find hard to accept, and that's not a notion I think we ought to teach newbies.

EVP

IrishMike · August 12, 2002 7:59AM

Well we have WSM running the US Coin Forum, telling us what is allowed and typetone telling us to be quiet on the registry forum. Must be the dog days of August or these two really are insecure.

crito · August 12, 2002 8:23AM

EVP, it's the perfect example, unbiased and a large sampling. The smaller auction venues, where pedigree is often sold more than coins, are the exception, not the rule. I've seen "rare turquoise" common date Morgans sell for 5x book RAW. So what?

I will now refrain from this topic for 30 days

ricardouno · August 12, 2002 9:34AM

Alert!!!

There is no need to continue this thread! We have the definitive resolution of this debate in the recent issue #196 of David Hall's INSIDE VIEW newsletter which states on page 4:

"PCGS is the most respected third party grading service. PCGS coins are worth the most and are the easiest to sell. There is no reason to buy coins graded by any other third party grading service. It is an unnecessary risk. You should buy PCGS coins exclusively."

So there you have it...case closed.

Dog97 · August 12, 2002 9:39AM

Do still have to pay MONEY for that?

jtryka · August 12, 2002 9:50AM

ricardouno,

You know I did the same thing when I bought my truck a few years ago. I first stopped at the Dodge dealer and the salesman told me that Dodge trucks were the best, and Ford and GM weren't nearly as good, so I bought the Dodge, and didn't even bother to look at the other dealers. After all, the Dodge salesman has no more incentive to promote Dodges than David Hall has to promote PCGS right?

No more PCGS vs NGC posts!

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